Examlex
What type of geographic pricing policy would a marketing manager most appropriately choose for the following products: (1)nationally advertised bubble gum, (2)rebuilt engines for jet airplanes,and (3)bulk amounts of a rare spice harvested from a single mountain in Canada and used in high-priced restaurants.Justify your answers,and specify any assumptions you used to arrive at your answer.
Electronic Funds Transfer
Electronic Funds Transfer (EFT) is the digital transfer of money from one bank account to another without any paper money changing hands.
Collect Bills
The action of requesting and receiving payment for goods or services rendered, often by companies or creditors.
Lockbox
An address, usually a commercial bank, at which a company receives payments in order to speed collections from customers.
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